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Mustardseed soften by 1.4% on profit-booking

Besides, rising supplies in physical market too weigh on prices

Mustardseed soften by 1.4% on profit-booking
Press Trust of India New Delhi
Last Updated : Oct 06 2015 | 1:32 PM IST
Mustardseed futures traded Rs 67 lower at Rs 4,663 per quintal today after participants booked profits at existing levels.

Besides, rising supplies in physical market too weighed on prices.

At the National Commodity and Derivatives Exchange, mustardseed for October month delivery contract slipped by Rs 67, or 1.42 per cent to Rs 4,663 per quintal, with an open interest of 46,140 lots.

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The November contract lost Rs 44, or 0.91 per cent to Rs 4,794 per quintal, in an open interest of 48,720 lots.

Market analysts said fall in mustardseed futures was largley due to profit-booking by participants and rising supplies in the spot market.

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First Published: Oct 06 2015 | 1:22 PM IST

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